By Samuel Akumatey, GNA
Sept. 09, GNA - The Vakpo Traditional Council has rendered accounts on its financial
activities and called for an independent audit from interested parties.
Gbogbolulu V, at a News conference held by the Traditional Council on Sunday in
Vakpo, read out detailed accounts of its dealings and financial expenditure,
with proofs of payments and names and contacts of individuals involved.
responding to an earlier petition dated June 09 2019, and a subsequent
demonstration by some youth in the community demanding accounts on sales and
lease of community lands at Dzogbega.
called for records on the use of the community’s educational fund, as well as
sale of economic trees.
Chief, flanked by his sub chiefs and members of the Traditional Council, made
available details and plans of the Dzogbega lands, and showed proof of payments
for lease and sales.
He said the
Traditional Council’s accounts was in 2014, audited by a 15- member committee
appointed by some individuals, adding that the Council “always” had its
Gbogbolulu said the Traditional Council had a properly structured financial
system that handled its revenues, and had an institutional account with Kpando
branch of the Ghana Commercial Bank, therefore not possible for him to be the
sole signatory as alleged.
He said a total
of GH¢234,200.00 was realised from land sales and leases to investors, the community’s
educational endowment fund, and interest on investments.
included the conversion of the old council house into a police station,
rehabilitation of the palace, a variety of investments, palace administration,
as well as funerals and legal fees among others, totalled GH¢222,302.50.
Chief declared that an amount of “about” GH¢70,000.00 remained currently in the Traditional Council’s bank account, and that
the Council would welcome independent audits.
Gbogbolulu V, I'm at this point calling
on any person, group of persons and indeed, all the good people of Vakpo, who
have shown interest in this case, to appoint an independent auditor to audit
the VTC account”, he stated.
allegations against his leadership abilities and indicated that the Traditional
Council was on top of all disputes, while he remained Head, adding that most
items on the petition were “without basis altogether”.
Chief also addressed claims that he appointed himself chair of the town’s Water
Management Board and oversaw its collapse, saying he only intervened
temporarily to help save it from falling, and that it was a new Board formed
after he handed over, that collapsed it.
He said the
Vakpo Educational Fund was a transparent undertaking managed by a Board of over
30 trustees, and that applications were vetted and approved by the Traditional
Gbogbolulu said a total of GH¢43,340.00 was spent on a total of 11 students at
different levels of academia, who benefited before it was “cancelled as a
result of the Government’s Free SHS programme”.
Chief said he was a businessman and was falling on his experience to transform
the area entirely and would appeal to the community to give him the needed
support as he could not deliver prosperity alone.
“I am a
businessman and I'm using my experience to develop Vakpo. All the investments I'm doing is for the
betterment of Vakpo. Ten years to come Vakpo would be rich.
“I have a
vision for Vakpo. They should try and think through it. I want Vakpo to be the
richest in the Region. I am not here to make money for myself. I am here to
make a legacy for myself. I am here to improve education.
Nkrumah was constructing the Tema motorway they thought he was wasting money,
but today it is the best”, he said, adding that his doors remained open to all
seeking to drive forward the development of the area.